2000 Birth of Oleon
At the end of November 2000 TotalFinaElf decided to sell Fina Oleochemicals as part of their plan to concentrate on their core competencies. The company was taken over by a consortium of investors under the leadership of Ackermans & van Haaren and members such as KBC Invest, Mercator & Noordstar, Fortis Private Equity, NIB Capital Bank, Jan De Clerck and the management. Fina Oleochemicals became Oleon.
1999-2000 Fusion
Total and PetroFina joined together to form TotalFina. TotalFina and Elf Aquitaine merged to become TotalFinaElf